Invisio: Very strong Q1 & guidance remains optimistic - ABG

119% organic growth in Q1, sales +16% vs cons
Gross margin beat and scalability drove EBIT +55% vs cons
Order intake remains strong, so does guidance, estimates +10%


Q1 details

Sales SEK 311m (47% vs ABGSCe 211m, 16% vs cons 268m). EBIT SEK 84m (252% vs ABGSCe 24m, 55% vs cons 54m). EBIT margin 27% (ABGSCe 11.3%, cons 20.1%). Order intake SEK 315m (5% vs ABGSCe 300m, 9% vs cons 288m). Organic sales growth at 119% due to strong deliveries from the large order book. Also strong order intake with a book-to-bill of 1.0x indicates continues strong growth ahead.

Länk till analysen i sin helhet: https://cr.abgsc.com/foretag/invisio/Equity-research/2023/5/invisio---very-strong-q1--guidance-remains-optimistic/